Commercial

  • June 05, 2026

    3 Firms Guide TPG-Led Group's $2B Echo Realty Grocery Buy

    A global consortium led by TPG has agreed to purchase grocery-anchored Echo Realty in a transaction valued at about $2 billion, with plans to expand Echo's leasing and management business while growing acquisition initiatives, according to a Friday deal announcement. 

  • June 04, 2026

    Exxon Owes $580K For Atty Fees In Gas Station Cleanup Suit

    Exxon Mobil must pay nearly $580,000 in legal fees and costs after a Washington federal judge found the oil giant partially on the hook for the cleanup of a Seattle gas station, awarding half the station owner's requested amount based on its "limited success" at trial.

  • June 04, 2026

    Real Estate Co. Says Insurer Owes $6.4M For Title Dispute

    A real estate acquisition company told a Michigan federal court Thursday that its title insurer owes nearly $6.4 million for a deal that resolved a dispute over ownership of property along the Detroit River where foundations for the Ambassador Bridge to Canada are located.

  • June 04, 2026

    Nuveen Closes Georgia Record $64M C-PACE Hotel Deal

    A landmark Atlanta tower is getting a facelift, thanks, in part, to a milestone piece of Commercial Property Assessed Clean Energy financing.

  • June 04, 2026

    Paul Weiss Leads Vornado's $229M NY Store Sale To Northwell

    Office and retail real estate company Vornado Realty Trust has sold a former department store in Queens to healthcare provider Northwell Health Inc. for more than $229 million, in a deal guided by Paul Weiss Rifkind Wharton & Garrison LLP, according to official property records filed with the New York City Department of Finance.

  • June 04, 2026

    Miami F1 Track Flaw Suit Settles At Start Of Trial

    After trying and failing to boot the judge overseeing a case over the construction of a track that failed during the Formula 1 Miami Grand Prix race in 2022, a British racetrack consultant avoided a trial with a last-minute settlement.

  • June 04, 2026

    Ex-Newark Deputy Mayor Gets Prison In Bribery Scheme

    A former Newark deputy mayor was sentenced to just over a year in prison in New Jersey federal court for accepting cash and luxury gifts from two real estate developers involved in redevelopment projects for city-owned properties.

  • June 04, 2026

    Pot Business Tells 6th Circ. Mich. City Defied Court Order

    The clerk of a Michigan city intentionally sabotaged a plan to revitalize a deserted shopping center to prevent cannabis businesses from operating there, a real estate company told a Sixth Circuit panel Thursday in hopes of reviving its suit over the delays and setbacks.

  • June 04, 2026

    Realty Rival, Directors Barred From Poaching Brokerage Staff

    Two former sales directors for a real estate brokerage must stop recruiting former coworkers for a rival company that hired them, North Carolina's business court has said, finding the new employer should also be barred from meddling with more of the brokerage's employment contracts.

  • June 04, 2026

    New Conn. Pollution Laws Focus On Releases, Not Transfers

    Under new release-based cleanup regulations that took effect March 1, Connecticut now requires pollution to be reported and remediated when it is found, not when property changes hands, a shift lawyers say expands reporting requirements and accelerates cleanup timelines.

  • June 04, 2026

    Judge Won't Rethink Insurer's Duty To Cover Data Center Row

    A California federal judge refused to allow Navigators Specialty Insurance Co. to file a reconsideration motion for a prior ruling that dismissed the insurer's claims in its coverage suit against a client company taken into arbitration over a California data center project.

  • June 04, 2026

    NY AG Must Preserve Cohen Docs In Trump's Civil Fraud Case

    The New York state trial court judge overseeing President Donald Trump's civil fraud case granted his request to preserve notes from private meetings between state litigators and Trump's former attorney Michael Cohen after the key witness said he felt "pressured" to testify.

  • June 04, 2026

    Data Center Power Co. Innio Prices Upsized $2.4B IPO

    Innio, a manufacturer of gas engines used to power artificial intelligence systems, began trading Thursday on the Nasdaq after raising $2.4 billion in an upsized initial public offering guided by Latham & Watkins LLP and Milbank LLP.

  • June 04, 2026

    Colo. OKs Penalties For False Property Valuation Statements

    Colorado could impose criminal penalties on owners of nonresidential property who willfully give false valuation information to county authorities under legislation signed into law by Gov. Jared Polis.

  • June 03, 2026

    Ropes & Gray Atty: Tariffs A Rounding Error For Data Centers

    Although tariffs are coming up in data center development discussions, their impact is at this point merely a "rounding error" of the total project cost, Ropes & Gray LLP's global real estate leader told Law360 Real Estate Authority in a recent interview.

  • June 03, 2026

    BKM, Kayne Nab $1.8B Industrial Portfolio From Blackstone

    BKM Capital Partners and Kayne Anderson Real Estate said Wednesday they have purchased a portfolio of industrial buildings for $1.8 billion from Blackstone subsidiary Link Logistics through a joint venture agreement.

  • June 03, 2026

    Nuveen Closes $37.6M C-PACE Loan For DC Medical Offices

    DC Green Bank and Nuveen Green Capital announced Wednesday the closing of $37.6 million in commercial property-assessed clean energy financing, better known as C-PACE, for an outpatient medical and community services building on the St. Elizabeths East campus in Southeast D.C.

  • June 03, 2026

    Iowa Creates Sales Tax Break For Nuclear Energy Facilities

    Iowa nuclear energy facilities that are beginning or restarting operation are eligible for a sales tax exemption on purchases of materials under a law signed by the governor.

  • June 03, 2026

    Black Creek Founders Launch $250M Light Industrial Venture

    A real estate investment platform focused on multitenant light industrial properties launched Wednesday with $250 million in capital from its founders and private lender BTD & MSD Partners.

  • June 03, 2026

    Crowell Unveils DC Office In Revamped Former Metro HQ

    Crowell & Moring LLP has a new home in the nation's capital, with the firm announcing Wednesday it has moved its D.C. office to the redeveloped former Washington Metropolitan Area Transit Authority headquarters.

  • June 03, 2026

    4 Firms Steer Yondr's Efforts To Spur Data Center Projects

    Hyperscale data center company Yondr Group has obtained a global letter of credit facility and a European holding company facility to support its expansion across Europe and North America, the company announced, with guidance provided by Linklaters LLP, Milbank LLP, Simpson Thacher & Bartlett LLP and Latham & Watkins LLP.

  • June 03, 2026

    Cooley Adds 2 More Kirkland Attys To Infrastructure Team

    Cooley LLP announced Wednesday that it has hired a pair of Kirkland & Ellis LLP attorneys who the firm says strengthen its ability to guide clients through the full life cycle of infrastructure investments.

  • June 03, 2026

    La. Museum Hotel Tax Dispute Remanded By Justices

    The Louisiana Appellate Court must hear unconstitutionality arguments in a property tax dispute between Orleans Parish and a hotel operated by a nonprofit World War II museum, the state Supreme Court said in remanding the case. 

  • June 03, 2026

    Okla. Gov. Vetoes Solar Power Property Tax Break Exclusion

    Oklahoma's governor pocket vetoed a bill that would have excluded solar power companies and battery energy storage systems from a property tax exemption for manufacturing facilities.

  • June 03, 2026

    Tritax Sells 6 Assets For £199M To Sweden's EQT Real Estate

    The real estate arm of Swedish private equity firm EQT AB said Wednesday that it has bought a portfolio of six logistics assets in the U.K. from Tritax Big Box REIT PLC for £199 million ($268 million).

Expert Analysis

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

    Excerpt from Practical Guidance
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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.

  • Portland's Gross Receipts Tax Oversteps City's Authority

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    Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.